Appointment of Process Advisor to Assist IP in performance of Function of Code not Amount to Outsourcing of Duty: IBBI
The Insolvency and Bankruptcy Board of India (IBBI) has held that appointment of a Process Advisor to assist Insolvency Professional (IP) in the...
ICSI gets New Torch Bearers: CS Manish Gupta and CS B. Narasimhan Elected as New President and Vice President
CS Manish Gupta, elected as President, and CS B. Narasimhan elected as Vice President of the Institute of Company Secretaries of India for the year 2023 w.e.f. 19th January 2023. A fellow member...
Failure to Provide Correct information to Board about ineligible Resolution Applicant: IBBI penalised IP [Read Order]
In the matter of Mr Subrata Monindranath Maity,), the Insolvency and Bankruptcy Board of India ( IBBI )penalised Insolvency Professional (IP) when failed to provide correct information to Board about...
Misconduct: IBBI imposes Penalty of Rs. 2 Lakhs on CS/IP for non-cooperation with IA and Delay in filing Form CIRP 7 [Read Order]
The Disciplinary Committee of the Insolvency and Bankruptcy Board of India (IBBI) comprising Whole Time Member Jayanti Prasad has imposed a fine of Rupees Two Lakhs on the Company Secretary Anuj...
![Misconduct: IBBI imposes Penalty of Rs. 2 Lakhs on CS/IP for non-cooperation with IA and Delay in filing Form CIRP 7 [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/11/Misconduct-IBBI-IBBI-Imposes-Penalty-Penalty-CS-IP-IA-Delay-in-filing-Form-CIRP-7-Form-CIRP-7-taxscan.jpg "Misconduct: IBBI imposes Penalty of Rs. 2 Lakhs on CS/IP for non-cooperation with IA and Delay in filing Form CIRP 7 [Read Order]")
Professional Misconduct: IBBI Imposes Rs. 2.5 Lakhs Penalty on Company Secretary/IP for Violating CIRP Regulations [Read Order]
The Insolvency and Bankruptcy Board of India (IBBI) has imposed a fine of Rs. 2.5 lakhs on the company secretary/ Insolvency Professional for violating the corporate insolvency resolution process...
![Professional Misconduct: IBBI Imposes Rs. 2.5 Lakhs Penalty on Company Secretary/IP for Violating CIRP Regulations [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/11/Professional-Misconduct-IBBI-Imposes-Penalty-Violating-CIRP-Regulations-TAXSCAN.jpg "Professional Misconduct: IBBI Imposes Rs. 2.5 Lakhs Penalty on Company Secretary/IP for Violating CIRP Regulations [Read Order]")
22 amendments in IBC and Regulations Last Year: IBBI Chairman says IBC led to Behavioural Change in Debtor-Creditor Relationship
In a statement issued on Saturday, the Chairman of the Insolvency and Bankruptcy Board of India (IBBI), Shri, Ravi Mitalopined that the Insolvency and Bankruptcy Code (IBC) has led to a behavioural...
